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Woolworths has just poster an after tax loss of $972.7 million in its half yearly results. After the retailers failed home improvement market venture with Master dragged on its bottom line. This is the first financial loss in the companies history since its listing on the ASX 23 years ago. In the six months leadingRead more

The Australian dollar is lower due to weaker than expected crude oil prices. At 1200 AEDT on Wednesday, the currency was trading at 71.09 US cents, down from 71.48 cents on Tuesday. An underwhelming meeting of some of the world’s top oil producers overnight had given crude prices a smaller than expected bounce, CMC MarketsRead more

Shares on the ASX have taken a dive in early trades this morning lead by falling share prices in large resource firms and banks. After yesterdays new that BHP Billiton had its credit rating downgraded from an A+ to an A by ratings agency Standard & Poor’s it’s share price had fallen 4.3% to $14.28 shortlyRead more

1. The Aussie dollar is lower after the US Federal Reserve left interest rates on hold. At 0700 AEDT on Thursday, $AUD was trading at 70.22 US cents, down from 70.29 cents on Wednesday. 2. The Australian share market is predicted to open lower after falls on Wall Street overnight due to the US Federal ReservesRead more

Wall St ended closing higher over night due to bargain hunting investors trying to snap up stocks cheaply. Overnight world equity markets high a two and a half year low, driven by falling European markets as well as drops in oil prices with West Texas crude crashing below $US27 a barrel overnight for the firstRead more

The Australian Dollar is down again today as Wall Street suffers after further losses on the Chinese Markets. As of 7am (AEDT) today the AUD was trading at US69.61 cents, a fall from yesterdays US70.26 cents. Overnight US equities fell sharply in response to a 2.4% drop in the Shanghai Composite Index on Wednesday. AccordingRead more

1 Split Any Unexpected Income When you have get a nice bonus from work or some extra cash for a gift, use the rule of thirds to determine how to use it: One third for the past – Use one third to pay down debt you owe – One third for the future – Put aRead more

We wanted to take a short moment to say Happy New Year and welcome to 2016 from all the team at Market Securities Australasia. We look forward to another big year of helping our clients to profit from our predictions into the New Year. We have some exciting things coming up this year with newRead more

The Team at Market Securities Australasia wants to take a moment to say thank you to all the people who helped make 2015 the successful year it was! To our staff, corporate partners, and most of all to ALL of our clients a Merry Christmas and hope your trades are going well over your timeRead more

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